BURNABY, BRITISH COLUMBIA, Apr 16, 2012 (MARKETWIRE via COMTEX) —
Day4 Energy Inc. (“Day4” or the “Company”)


/quotes/zigman/40531 CA:DFE
-10.00%



, a leading
global provider of solar photovoltaic (PV) products and solutions,
announces that it has received notice from the Toronto Stock Exchange
(the “TSX” or the “Exchange”) that the TSX is reviewing the
eligibility for continued listing of the Company’s securities on the
Exchange.

The Company is being reviewed under the TSX’s Remedial Review Process
and has been granted 120 days to comply with all the TSX requirements
for continued listing. If the Company is unable to demonstrate on or
before August 13, 2012 that it meets all TSX requirements for
continued listing, the securities will be delisted 30 days from such
date.

The TSX initiated its delisting review pursuant to the continued
listing criteria and as a result of the Company’s financial
condition. Day4 is pursuing financing and strategic alternatives to
resolve its current financial situation.

About Day4 Energy

Day4 is a Canadian company dedicated to providing high performance
photovoltaic (PV) solutions for residential, commercial and utility
scale installations. By fundamentally improving on the design and
assembly of solar cells and modules, the Company produces unique PV
panels of high power density, increased lifetime and uncompromised
aesthetic appearance. Day4 partners with international technology
leaders to develop and deliver IEC- and UL-certified solar products
to customers around the world. Day4 Energy is listed on the TSX under
the symbol “DFE”. For more information, please visit

www.day4energy.com .

Caution Regarding Forward-Looking Statements

This news release contains forward-looking statements which are
subject to certain risks, uncertainties and assumptions. A number of
factors could cause actual results to differ materially from the
results discussed in these forward-looking statements, and there is
no assurance that actual results will be consistent with these
forward-looking statements. There can be no guarantee that Day4 will
negotiate or complete transactions prior to August 13, 2012 or at any
time thereafter, that will satisfy the TSX that continued listing of
the Company’s securities on the TSX is warranted. These
forward-looking statements are made as at the date of this news
release, and the Company assumes no obligation to update or revise
them, either publicly or otherwise, to reflect new events,
information or circumstances.

The forward-looking statements made in this news release relate only
to events or information as of the date indicated above. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which the
statements are made or to reflect the occurrence of unanticipated
events.

        
        Contacts:
        Day4 Energy Inc.
        George Rubin
        President and CEO
        604-296-0422
 
www.day4energy.com            
        
        

SOURCE: Day4 Energy Inc.

 
http://www.day4energy.com            

Copyright 2012 Marketwire, Inc., All rights reserved.

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